Tonkon

News Releases

Kennedy Presents CLE on Bankruptcy Valuation Strategies

September 9, 2011

Tonkon Torp attorney Albert N. Kennedy will be co-presenter of a Continuing Legal Education seminar on "Strategies for Valuation in Bankruptcy" later this month in Bend, Oregon.

 

The presentation, part of the annual meeting of the Debtor-Creditor section of the Oregon State Bar, is scheduled for 3:45 p.m. on Friday, September 16 at Mt. Bachelor Village Resort.  

 

Kennedy's practice focuses on bankruptcy, commercial law and creditor's rights.  A member of Tonkon Torp's Bankruptcy Practice Group, he was instrumental in the resolution of many high profile bankruptcy cases including Sunwest Management's bankruptcy and subsequent $1.2 billion sale to Blackstone Real Estate Advisors in 2010.  Arguably one of the biggest and most complex bankruptcy cases of its kind ever filed in Oregon, the Sunwest matter involved disentangling and reorganizing hundreds of legal entities to allow Sunwest to be treated as a single company protected from disorderly, piecemeal liquidation.  Had the sale to Blackstone not been completed, foreclosure of Sunwest's property empire would have meant a loss of over $500 million in investments and potential disruption of thousands of employee caregivers and 11,000 seniors living in Sunwest facilities.

 

Best Lawyers® named Kennedy the 2011 Portland, Oregon Bankruptcy Lawyer of the Year.